secondary reserve

noun

: bank assets (as government securities and bank acceptances) readily convertible into cash to replenish primary reserves

The Ultimate Dictionary Awaits

Expand your vocabulary and dive deeper into language with Merriam-Webster Unabridged.

  1. Expanded definitions
  2. Detailed etymologies
  3. Advanced search tools
  4. All ad-free

Discover what makes Merriam-Webster Unabridged the essential choice for true word lovers.

Start Your Free Trial Now

Dictionary Entries Near secondary reserve

Cite this Entry

“Secondary reserve.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/secondary%20reserve. Accessed 23 Dec. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!